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Bank Of America Analyst: A ‘Flash Crash’ In Early 2018 ‘Seems Quite Likely’

Is the stock market bubble about to burst? I know that I have been touching on this theme over and over and over again in recent weeks, but I can’t...

Late-Cycle: The Stressed-Out, Tapped-Out American Consumer Just Paid Off A Ton Of Credit-Card Debt

A new report from WalletHub, the personal-finance website, could signal the U.S. economy is in late-cycle, as the stressed-out, tapped-out American consumer just rejected consumerism...

Pepe Escobar: Iran Is Bracing For All-Out Economic War

Authored by Pepe Escobar via The Asia Times, While the dogs of war bark, the Ancient – and New – Silk Road goes on forever...

Bankrupt Baltimore ‘Somehow’ Finds Money To Fund Lawyers For Illegal Immigrants

Baltimore ranks high on the “shithole” list for its widespread death and destruction. The city’s population hit a 100-year low in 2017, as residents are...

Putting America’s Record-Breaking $20 Trillion Debt In Global Context

The U.S. federal government just passed a record $20 trillion in publicly held debt. That’s bigger than the entire economy of every country in the European Union, combined.As HowMuch.net...

What Could Pop The Everything Bubble?

I’ve long held that if a problem can be solved by creating $1 trillion out of thin air and buying a raft of assets...

“Central Banks Are The Market” & Nomi Prins Warns “It Can’t Go On Forever”

Via Greg Hunter's USA Watchdog blog, Two time best-selling book author Nomi Prins says the rescue policies of the 2008 financial crisis are still with...

Now That It’s Passed, Here’s What’s In The Budget Deal

The House managed to approve a purportedly "bipartisan" budget deal early this morning after a marathon all-night session that was brought on by Sen....

Here Comes Q2 Earnings Season: Expect Stellar Numbers But Watch The Deterioration In Outlooks

Following a blockbuster Q1 earnings season in which EPS rose at the fastest pace since the financial crisis, yet which saw a surprisingly muted...

Learning From America’s Forgotten Default

One of the most pervasive myths about the United States is that the federal government has never defaulted on its debts. There’s just one...

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